Honduras contractors face challenges

The authorities in Honduras have excluded a number of contractors from taking part in the construction of the central highway project. The firms in question do not meet technical and financial requirements set by the World Bank, which is supplying funding for the projects.
May 4, 2012 Read time: 1 min
The authorities in Honduras have excluded a number of contractors from taking part in the construction of the central highway project. The firms in question do not meet technical and financial requirements set by the 2332 World Bank, which is supplying funding for the projects. At least 10 companies are affected and this situation is said to place major concerns over their future. The Construction Industry Association of Honduras (2326 CHICO) is keen for local firms to be given equal opportunities to take part in major road construction projects however. It says that increasing the number of participants allowed would help improve transparency and result in more competitive pricing.

For more information on companies in this article

Related Content

November 29, 2012

Motorcycle type approval deal for Europe

The Members of the European Parliament have now approved the regulation on the approval of two- and three wheelers. This included a number of amendments which have been welcomed by motorcyclists as a compromise. The regulation is setting new rules and technical requirements for manufacturers who sell motorcycles in the European Union. The new rules were intended to improve safety for motorcyclists but in the original form, these would have been expensive to implement and would have resulted in substantial c
July 26, 2024

Ukraine’s shattered highways

With no end to its war with Russia in sight, Ukraine is also fighting hard to cope with a growing backlog of major infrastructure projects, especially in terms of rebuilding the country’s roads and bridges. David Arminas reports.
boombox1

Highlighted Content

boombox2